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strojnjashka [21]
2 years ago
10

Why is it important to reach customers on their mobiles when advertising locally?.

Business
1 answer:
natita [175]2 years ago
4 0

It is vital to reach customers on their mobiles as people use their mobile phones while they are on the go.

This is considered the best way to target your customers when you are advertising your product locally. People nowadays use mobiles even when they are outside, traveling, at home, eating, etc. In contrast computers/ laptops are used by people only when they are either at home or work.

Advertisement is a type of communication in which a product, service, or brand is promoted in order to attract customers. Different business organizations use different means of advertising their product. Some organizations use newspapers, the internet, TV channels, etc. Nowadays advertising through mobile phones is considered more effective. Mobile phone is always near its owner and powered on. The owner can receive the message at that very moment. This type of advertisement is affordable and you can easily target the locally audience.

You can learn more about advertising at

brainly.com/question/1658517

#SPJ4

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Lucci Inc. is a retailing firm specializing in high-end merchandise. Each of Lucci's stores uses the retail inventory method by
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Answer:

1 Line item description                Cost                Retail

2 Beginning inventory                 40000            360000

3 Purchases                                  1000000        10000000

4 Transportation in                       50000

5 Purchase returns                      -20000          -196000    

6 Net purchases(3+4+5)             1030000        9804000

7 Net additional markups                                    800000    

8 Cost to retail ratio                     1070000       10964000

  component(2+6+7)

9 Net markdowns                                                -500000    

10 Sales                                                                  -9800000    

11 Ending inventory,retail(8+9+10)                       664000

Setup calculation:

Cost to retail ratio = Cost to retail ratio component at cost/Cost to retail ratio component at retail

= 1070000/10964000

= 0.097592

= 9.76%

Ending inventory,cost = Ending inventory,retail*Cost to retail ratio

= 664000*9.76%

= $64806

Cost of goods sold = Sales*Cost to retail ratio

= 9800000*9.76%

= $956480

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Answer:

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<u>and </u><u>also </u><u>follow </u><u>me </u>

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When the price of summer tank tops falls and you buy more of them because they are relatively less expensive, this is calledA) t
svet-max [94.6K]

Answer:

The correct answer is A) the substitution effect

Explanation:

In other words, the substitution effect is when sales fall because the consumers change into cheaper alternatives when its price rises.

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